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PBF Energy: Q2 Earnings Snapshot
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PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — PBF Energy Inc. (PBF) on Thursday reported second-quarter net income of $906.4 million.

On a per-share basis, the Parsippany, New Jersey-based company said it had profit of $7.54. Earnings, adjusted for non-recurring gains, were $6.22 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.05 per share.

The refiner posted revenue of $11.68 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $8.51 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBF at https://www.zacks.com/ap/PBF

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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